1010 Federal HwyHallandale Beach, FL 33009

Property Details for 1010 Federal Hwy

Year built

1957

Construction

CONCRETE

Lot size

0.37 AC

Property size (Sq ft)

2,000 SF

Zone code

CENTRAL RAC

Property type

Other commercial real estate

APN

51-42-22-13-1330

APU

514222131330

Description

This exceptional Hallandale Beach investment opportunity presents a 4,332 square foot property situated on a prime corner lot along US-1 Federal Highway. The property boasts high visibility and extensive exposure due to its double-front location, benefiting from significant vehicular and pedestrian traffic. Currently housing a retail convenience store/smoke shop (1,990 sq ft) and an auto repair shop (2,350 sq ft), this property offers immediate income potential. The buildings, constructed in 1965, are single-story structures on a lot with APN 514222131330 and are zoned CENTRAL. The property's strategic location offers easy access to major attractions including the Mardi Gras Casino, Gulfstream Park Casino, and Aventura Mall, along with numerous shops and restaurants. Its proximity to the beach further enhances its desirability. This versatile property is ideal for continued operation of the existing businesses or redevelopment, presenting a compelling investment opportunity in a thriving South Florida market. The asking price is $2,900,000.

• Alternative Use

  Use

  Valuation

  Residential

  $819,016

  Hospitality

  $750,214

  Educational

  $624,169

  Medical

  $645,635

  Retail

  $970,930

Location Insight

City

Hallandale Beach

County

Broward

State

Florida

Latitude

25.9965

Longitude

-80.1424

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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